Nigerians are paying up to N690 per liter for petrol as of January 1, 2024.
A recent review conducted by Nairametrics on Monday, January 1, regarding petrol prices across some Nigerian states, uncovered the fact that citizens are currently paying as high as N690 per liter for petrol.
The examination revealed a diverse pricing landscape, notably in Enugu state, where residents encounter varying costs depending on the specific location and retail station. In Enugu, petrol prices fluctuate from N660 to as high as N690 per liter.
Moving to the Federal Capital Territory (FCT), Abuja, the prices vary between N660 to N665 per liter at retail stations such as AA Rano, Rainoil, Ammasco, and Eterna, with TotalEnergies in Katampe offering a lower price at N642 per liter.
In Kano state, the range spans from N670 to N680 per liter. Abia state marks a consistent price of N670 per liter while Uromi, Edo state, witnesses a range of N650 to N680 per liter.
In Ebonyi state, petrol is being sold at N650 per liter. Notably, Lagos state reflects comparatively lower petrol prices, ranging between N568 to N640 per liter.
Although the deregulation of petrol signifies non-uniform prices for the commodity, the regional analysis indicates that as of January 1, 2024, those in the Southeast and South-South regions pay the highest petrol prices.
Some Nigerians anticipate a potential decrease in petrol prices across the country after the commencement of operations at the Dangote refinery and the state-controlled refineries – Port Harcourt, Kaduna, and Warri.